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Jul 1, 2011
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security challenges obviously remain a big problem. and i think that we're going to have to try to dig through all those problems today. i will tell you that if we do not get some strong, substantive answers, that every dime that's being spent in afghanistan on reconstruction is being spent wisely and being spent with the kind of oversight that we would expect if we were building a highway down the road in the united states of america. then i think it's time we focus on the mission where we are training security forces and we are working to provide stability against taliban and the kind of structure that we need to support going after al qaeda on the border of pakistan and afghanistan. perhaps it's time to shut down $17 billion worth of money going for reconstruction projects when our track record really stinks when it comes to reconstruction projects. now, i hope that you all are going to convince me i've become cynical and angry and frustrated about the way we're spending money in theater and i want to tell you i'm looking for good n
security challenges obviously remain a big problem. and i think that we're going to have to try to dig through all those problems today. i will tell you that if we do not get some strong, substantive answers, that every dime that's being spent in afghanistan on reconstruction is being spent wisely and being spent with the kind of oversight that we would expect if we were building a highway down the road in the united states of america. then i think it's time we focus on the mission where we are...
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Jul 9, 2011
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some of us also did a big move to prices we have prizes happening now that people are doing some amazing things if we can think outside the box rather than a government program thinking about what we should do. we are trying to harness the experience of a broader set of americans to figure out how to accomplish goals and other things. so while the inherently governmental abuse is hard in our case, we are trying to focus nasa not on the lower its orbit. , that the harder stuff. you know, it's really exciting. there is one other rationale for why we do some of these things. and i look separately at the space station with a little different rationale. one of the things i hadn't appreciated when serving in the clinton administration is doing through hard trees is i bring the russians to table. but when that town, when there is a? in moscow affect to lean on the communication channels are broken down, what actually was amazing was the communication channels built around the space station rose up and helped us create a channel for communications to help move things forward. i do think the inte
some of us also did a big move to prices we have prizes happening now that people are doing some amazing things if we can think outside the box rather than a government program thinking about what we should do. we are trying to harness the experience of a broader set of americans to figure out how to accomplish goals and other things. so while the inherently governmental abuse is hard in our case, we are trying to focus nasa not on the lower its orbit. , that the harder stuff. you know, it's...
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Jul 7, 2011
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the money made a big difference. one was funded primarily by the french airline tax on overseas flights. that funds the children's medicine part. i give you this only as an example. we applied the same theory to try to lower the cost of new technologies when we got in the climate change business. we are helping 40 cities around the world to try to reduce greenhouse gas emissions by not only retrofitting buildings but changing the street lights. wherever possible in megacities, we close landfills, which are huge in matters of methane gas, and which are gold mines. in all those landfills, you have recyclable glass, plastic, and metal, and all the rest. the organic material can be turned into fertilizer and the rest can be turned into electricity. we are trying to do the same thing. we have doubled, tripled, and sometimes quadruple the income of african farmers by lowering the cost of fertilizer and seed, and working out a distribution network, and saving them have their income by taking their products to market. the po
the money made a big difference. one was funded primarily by the french airline tax on overseas flights. that funds the children's medicine part. i give you this only as an example. we applied the same theory to try to lower the cost of new technologies when we got in the climate change business. we are helping 40 cities around the world to try to reduce greenhouse gas emissions by not only retrofitting buildings but changing the street lights. wherever possible in megacities, we close...
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Jul 2, 2011
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we are making a big mistake. if we think there is one, universal model of western democracy that at some point between now and 2050, if you think that is what the future of the world is going to look like, you are going to be one very disappointed person. the chances of western-style democracy emerging in any of these countries has to be between 0 and 5% at best. the possibility of alternative models is something that was raised by david wright at the begin -- at the beginning in his opening remarks. i want you to think seriously about what it implies. singapore is not worrying about the jasmine revolution. singapore is the model. think of china as a giant, technocratic singapore in which the one-party state evolves itself in ways to avoid the collapse of th soviet experience. the second point, and this is where differ, it is precisely when nations are struggling with problems of internal political reform and challenges from below that they are most likely to pursue a more selfish and aggressive foreign policy. t
we are making a big mistake. if we think there is one, universal model of western democracy that at some point between now and 2050, if you think that is what the future of the world is going to look like, you are going to be one very disappointed person. the chances of western-style democracy emerging in any of these countries has to be between 0 and 5% at best. the possibility of alternative models is something that was raised by david wright at the begin -- at the beginning in his opening...
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Jul 8, 2011
07/11
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there were some big losses on fortunately, some big lessons learned. perhaps the biggest loss was the program. we encourage the consolidation of the military and civilian weather system. it turned out to be a logistical nightmare with the primary user met with nasa in the dod to agree on a system of grow phenomenally out of the budget just went haywire, and requirements for the system were not controlled in a way that is spending dramatically out of control and eventually the program had to be killed and separated, so there was a big loss. my own personal loss i was involved in this case transformation policy-making at the time and we were passionate about the x33 program single stage oregon and i learned a very important lesson, which is policy never trump's physics. so you can say whatever you want, but if you can't do it, if it will happen, and we wanted to will the single states to orbit in existence and we had a beautiful concept that looked like the future we did this didn't have the technology. and ultimately we didn't have the will either. i th
there were some big losses on fortunately, some big lessons learned. perhaps the biggest loss was the program. we encourage the consolidation of the military and civilian weather system. it turned out to be a logistical nightmare with the primary user met with nasa in the dod to agree on a system of grow phenomenally out of the budget just went haywire, and requirements for the system were not controlled in a way that is spending dramatically out of control and eventually the program had to be...
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Jul 16, 2011
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we are one big team and execute one big team and look down at the earth that's one big planet. the more people we get up here to see that perspective the better off we will be. >> i'm with cade tv channel to you this, if oxalate. my question is for wrecks. tommy what do you have to tell people, how do you inspire them to look to the future, how do they get in space? >> number one, work harder especially math and science and number two, have persistence because as hard as he worked it's going to take persistence. as a kid is getting in my backyard looking at the airplane circling around to go in san francisco and while i hope i get a chance to fly one day. to be here with my crew mates flying over the years that 200 miles of but 17,500 miles per hour it's really a dream come true. and the simple things like floating and flying in zero gravity is amazing. everybody dreams about the dreams you can fly and here to can actually do it. it's amazing in your dreams really can come true. >> atlantis this is houston. that concludes questions from the ames research center. please stand by
we are one big team and execute one big team and look down at the earth that's one big planet. the more people we get up here to see that perspective the better off we will be. >> i'm with cade tv channel to you this, if oxalate. my question is for wrecks. tommy what do you have to tell people, how do you inspire them to look to the future, how do they get in space? >> number one, work harder especially math and science and number two, have persistence because as hard as he worked...
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Jul 14, 2011
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there is a big buy as towards debt, including the financial sector. it makes no sense to have tax code point in the opposite direction. i worked a great deal with regulators, and i am supportive of what they're trying to do, but it is not enough. there are constrained by the international regulation, including bottle 3. -- including basil 3. why should we regard that as the last word on appropriate constraints on the extent of excess of leverage? i agree with mr. fleischer, there are many ways to tax excessive leverage, including thin capitalization tax. the imf made a good report to the g-20 on these issues. >> thank you very much. >> you said that a lower corporate tax rate would remove pressure on the debt over equity. can you explain how that would address the debt equity bias that we have heard about? >> the most simple version of this is the entity level taxation is part of the problem. reducing that rate ends up taking away that distortion to some agree. but a kind of goes further. one of the problems is not just that in the aggregate for nonfi
there is a big buy as towards debt, including the financial sector. it makes no sense to have tax code point in the opposite direction. i worked a great deal with regulators, and i am supportive of what they're trying to do, but it is not enough. there are constrained by the international regulation, including bottle 3. -- including basil 3. why should we regard that as the last word on appropriate constraints on the extent of excess of leverage? i agree with mr. fleischer, there are many ways...
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Jul 5, 2011
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it was a big mistake i made. when i met them, the father of the boy, david, who had been killed, said to me, sister, you cannot believe that pressure on us to be for the death penalty, and i had nobody to talk to. where have you been? [unintelligible] [applause] anyway, he said, where have you been? he invited me to come and pray with 10, and through this man, he is the hero of "dead man walking." his father shared his inner journey of first trying to go to the place, because everybody was saying that, wanting to see that it dead, and he said, but i did not like the way it made me feel when i went to that place of hatred and bitterness. then i said to myself," they killed our sons, but i am not want to let them kill me. i want to do what jesus said, and he set his face to go on the road of forgiveness. around this country, telling that story, it is very important in this journey when we deal with our outrage that we feel when innocent people have been ripped from life, and corn to stand in the eye out range, feel
it was a big mistake i made. when i met them, the father of the boy, david, who had been killed, said to me, sister, you cannot believe that pressure on us to be for the death penalty, and i had nobody to talk to. where have you been? [unintelligible] [applause] anyway, he said, where have you been? he invited me to come and pray with 10, and through this man, he is the hero of "dead man walking." his father shared his inner journey of first trying to go to the place, because...
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Jul 26, 2011
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it was a big challenge. it took patience from us to manage to ask the experts in the constitution and the economy, and the big challenge is that the demands of the people has only political backgrounds, but their decisions would have the economic background and security background. so our decisions appeared has slowed to the people. but it was not slow. if you see the achievements and six months, you can see supra issue intrudes -- the biggest achievements. now people are recognizing that there is excess success we have the following procedure. polish that there is excess -- that there is success we have to follow and proceed. they have many demands. >> to you try to meet with them? >> have met with many factions of them. i am not saying that they are not good, but every group or person has his agenda, his demands, and it is absolutely -- no government in the world can respond to all of these collective demands. we have enough patience to deal with them and we are committed until this moment that the fire on
it was a big challenge. it took patience from us to manage to ask the experts in the constitution and the economy, and the big challenge is that the demands of the people has only political backgrounds, but their decisions would have the economic background and security background. so our decisions appeared has slowed to the people. but it was not slow. if you see the achievements and six months, you can see supra issue intrudes -- the biggest achievements. now people are recognizing that there...
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Jul 16, 2011
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that is a big difference. so the talk or some of the reports have indicated that republicans somehow have not given. i just tell you, that is not true. we'll work at $6.2 trillion, they are at $1.5 trillion at best. that is just the way it is. so what we want we said is that the speaker continues to set out there to change the system here. we want to go home to the people that elected us and show them that we're not going to allow this kind of spending to continue. we do not have the money, they do not have the money. we need to get the economy growing again and control spending here in washington. we're going to bring a bill next week's known as the cup, cap, and balanced bill to provide a balanced approach so that we can demonstrate that we are getting things under control and that the people who put us here in gain some confidence that we're going to begin to live like they do or around their kitchen tables and in their businesses, stops spending money we do not have, and begin to manage this deficit and de
that is a big difference. so the talk or some of the reports have indicated that republicans somehow have not given. i just tell you, that is not true. we'll work at $6.2 trillion, they are at $1.5 trillion at best. that is just the way it is. so what we want we said is that the speaker continues to set out there to change the system here. we want to go home to the people that elected us and show them that we're not going to allow this kind of spending to continue. we do not have the money,...
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Jul 2, 2011
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guest: i think there are too few big steps and not enough baby steps. i think it is critical for us. i was willing to vote on the medicare part d which a handful of our democrats did that with president bush because i could not imagine a health-care program for seniors without prescription drugs being integrated into it. was it perfect? no. did it take the necessary steps to get us started on that discussion and debate and the evolution of a senior health care plan that had prescription drugs? yes, it did. i think that is how we have to approach medicare. a baby girl born today as a 50% chance or better of living to 100 my husband's grandmother passed away a couple of years ago one a week shy of 112 living in her own home. these are the things that we are dealing with. people are living longer. i was very engaged with care coordination, wellness, how we coordinate care for our seniors in order to make sure not only are they getting the appropriate care but getting it in the setting that they want and having the quality of life that they want as well. me
guest: i think there are too few big steps and not enough baby steps. i think it is critical for us. i was willing to vote on the medicare part d which a handful of our democrats did that with president bush because i could not imagine a health-care program for seniors without prescription drugs being integrated into it. was it perfect? no. did it take the necessary steps to get us started on that discussion and debate and the evolution of a senior health care plan that had prescription drugs?...
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Jul 6, 2011
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>> there is a big future. that is a future where we are all able to freely communicate our hopes and dreams and the historical record is an item that is completely -- it could never be changed, deleted, modified. that is something is -- that is my lifelong quest to do. from that, justice lows. -- flows. most of us are reasonably intelligent. if we communicate with each other, organize, and know what is going 9, and that is pretty much what it is all about. in the short term, it is that my staff stopped hassling. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] >> the head of the national institute of health talks about science and innovation in the u.s.. the state department calls on the syrian government to withdraw troops. that briefing is later. in case you just missed it, wikileaks founder in a forum in london. >> on tomorrows "washington journal," we continue our discussion on federal spending and the national debt. after that, pet
>> there is a big future. that is a future where we are all able to freely communicate our hopes and dreams and the historical record is an item that is completely -- it could never be changed, deleted, modified. that is something is -- that is my lifelong quest to do. from that, justice lows. -- flows. most of us are reasonably intelligent. if we communicate with each other, organize, and know what is going 9, and that is pretty much what it is all about. in the short term, it is that my...
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Jul 12, 2011
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i think he'd like to do something big. his politics within his caucus are very difficult -- you're right. and this is part of the problem with a political process where folks are rewarded for saying irresponsible things to win elections or obtain short-term political gain, when we actually are in a position to try to do something hard we haven't always laid the groundwork for. and i think that it's going to take some work on his side, but, look, it's also going to take some work on our side, in order to get this thing done. i mean, the vast majority of democrats on capitol hill would prefer not to have to do anything on entitlements -- would prefer, frankly, not to have to do anything on some of these debt and deficit problems. and i'm sympathetic to their concerns, because they're looking after folks who are already hurting and already vulnerable, and there are a lot of families out there and seniors who are dependent on some of these programs. and what i've tried to explain to them is, number one, if you look at the numb
i think he'd like to do something big. his politics within his caucus are very difficult -- you're right. and this is part of the problem with a political process where folks are rewarded for saying irresponsible things to win elections or obtain short-term political gain, when we actually are in a position to try to do something hard we haven't always laid the groundwork for. and i think that it's going to take some work on his side, but, look, it's also going to take some work on our side, in...
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Jul 22, 2011
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so the only e that can have a rule overturned is a big bank on wall street, one who is too big to fail. the way it is currently written, you have given a voice to those people who helped cause this financial crisis. you know what? i'm not from wall street. i'm from small-town, rura wisconsin. we don't have big wall street banks. we have small community banks and we have credit unions. the way the current bill is written, not mine, the one that's in existence today, it doesn't give a voice to the people in my community if a rule that comes down from the cfpb is going to affect them negatively. on main street, the very people who had nothing to do with the financial crisis, who hen't been given a voice, but will if my bill passes, those are the people who deal with our small business owners. with our family members. people who are looking at expanding their business, growing their business, creating jobs in our community. they rely on community banks and credit unions for loans. and they don't have a voice. i don't understand that. and then, those same people that you look to when you wa
so the only e that can have a rule overturned is a big bank on wall street, one who is too big to fail. the way it is currently written, you have given a voice to those people who helped cause this financial crisis. you know what? i'm not from wall street. i'm from small-town, rura wisconsin. we don't have big wall street banks. we have small community banks and we have credit unions. the way the current bill is written, not mine, the one that's in existence today, it doesn't give a voice to...
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Jul 19, 2011
07/11
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i am sure we will make that a big part of our discussion. but, there are two ways to measure how redistricting affects the sure in the house. you can look at it in terms of the scorecard that i just went over. if you add up all of those columns, which seat is going to end up ahead at the end of the day? i think it will be very close to a wash depending on florida. i think possible democrats could pick up a handful from the process which is surprising given republicans earn so many state legislative chambers and picked up so much control in 2010. but then, the other side of the equation is really how much can republican shore up the gains that have been made in 2010? and that is a part of the equation that has been more difficult for a lot of us in the pundit world to call a -- quantify. but one measurement that was kind of suggested at real clear politics.com and i appreciate this more than a lot of other metrics that have been thrown out there is how far to the right does it move as a result of republicans in pennsylvania and ohio and michi
i am sure we will make that a big part of our discussion. but, there are two ways to measure how redistricting affects the sure in the house. you can look at it in terms of the scorecard that i just went over. if you add up all of those columns, which seat is going to end up ahead at the end of the day? i think it will be very close to a wash depending on florida. i think possible democrats could pick up a handful from the process which is surprising given republicans earn so many state...
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Jul 6, 2011
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there's been a lot of bumps, pretty big bumps along the way, and it has to do with new entrance into the u.s. as a country, as a political system. again, primarily through immigration. pushing the envelope, as it were, certainly from the standpoint of the majority established community. there's one example, and that's the experience of roman catholics in this country. again, because of major migrations from europe, but in that wave, primarily from roman catholic countries, you know, ireland and italy and poland and so forth, this was profoundly unsettling to the mainstream protestant establishment, and there were tensions and conflicts, but violence in places like philadelphia, fringe, -- for instance, where the original campus of bellanova was torched to the ground. that's in philadelphia, and one of the reasons, the real reason the precipitating reason had to do with bible reading in the public schools and whether, you know, catholic kids would be allowed to read, you know the delayed version rather than the king james version, and there were riots in the street, and the governor h
there's been a lot of bumps, pretty big bumps along the way, and it has to do with new entrance into the u.s. as a country, as a political system. again, primarily through immigration. pushing the envelope, as it were, certainly from the standpoint of the majority established community. there's one example, and that's the experience of roman catholics in this country. again, because of major migrations from europe, but in that wave, primarily from roman catholic countries, you know, ireland and...
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Jul 7, 2011
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one is to look back in history when we've had big problems and sotions. came up with big solutions. the 1980's are a particular timg i was in the state legislaturein then and it was happening in yed washington. when i was 39 years old in 1983 ronald reagan and tip o'neill had a meeting at the whiteal house. i wasn't there but allegedly ith went something like this. the president said social security's going broke in about 20 years we just got a report. .e need to fix it. agree o'neill said i agree.to wor i'm going to work on it but i'm wi not willing llto raise the tax d o'neill said i'm willing to to k work, but i don't want to cut the benefit.ooked at the the actuary and said what we dos you push the eligibility out and get the system back in the actuarial soundness. 1 i was 39 in 1983. i would have been collecting age social security at 65 in 2010gan yut because reagan and o'nealhe got to get ready pushed mye y eligibility out by one year to age 66, 65 and now incrementally goes up two years to 67 in a few years. that's the system and actuarial7 soundness for 67 years.dden i agai
one is to look back in history when we've had big problems and sotions. came up with big solutions. the 1980's are a particular timg i was in the state legislaturein then and it was happening in yed washington. when i was 39 years old in 1983 ronald reagan and tip o'neill had a meeting at the whiteal house. i wasn't there but allegedly ith went something like this. the president said social security's going broke in about 20 years we just got a report. .e need to fix it. agree o'neill said i...
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Jul 21, 2011
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that could end up, as the caller said, it has not been that big a part of the story yet. we could have police facing disciplinary hearings if not criminal prosecutions. host: do you see potential of this bringing down the camden government? guest: -- cameron government? guest: people are beginning to think that. if he had an election in six months, it would be serious. it does not look very good. the scandal last year broke a lot of trust in politicians. now you have got a prime minister who appointed someone, his former communications director, a former editor of "news of the world" when the hacking was taking place. it is hard to believe the prime minister did not know that hacking was endemic at "news of the world," so the only conclusion is that he did not care. host: how do you perceive the coziness or relationship between u.s. politicians and reporters? guest: well, it certainly can be cozy. politicians and reporters socialize together. they go to the same parties very often here in washington. but i don't think it is quite reached the level of the occasions that ha
that could end up, as the caller said, it has not been that big a part of the story yet. we could have police facing disciplinary hearings if not criminal prosecutions. host: do you see potential of this bringing down the camden government? guest: -- cameron government? guest: people are beginning to think that. if he had an election in six months, it would be serious. it does not look very good. the scandal last year broke a lot of trust in politicians. now you have got a prime minister who...
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Jul 28, 2011
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i don't believe it does, but there is a big enough -- there is a big enough, you know, slow groundswell out there that it reacts with journalists. deeply younger and younger editors in charge with less and less background, with n controls around them. as long as the profits are coming in, it's a river of go >> i would agree with toby elliott because this is not the failure of the press completely. there is a culture, which allowed a sword at cheeky he to get completely out of control and brake or troll barn side of the law. >> the guardian others indeed have lots of other generous actually took seven years and not to expose her. so you know, do we get these? i would say they generally are good to read. >> i think it is important to say that we look at the certain part of the press suggest that the press. you have to look across the media. the media as a whole is fantastically mixed. we have lots and lots of forecast in print and online, phenomenal
i don't believe it does, but there is a big enough -- there is a big enough, you know, slow groundswell out there that it reacts with journalists. deeply younger and younger editors in charge with less and less background, with n controls around them. as long as the profits are coming in, it's a river of go >> i would agree with toby elliott because this is not the failure of the press completely. there is a culture, which allowed a sword...
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Jul 23, 2011
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nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it is in areas it shouldn't be. if you read the constitution, you also read the enumerated powers which gives limited powers to the federal government and specifically states everything not listed here is reserved for the people in the states. the reason we have a $3.6 trillion, $3.7 trillion budget, is a trillion and a half of that or more is stuff that's not our responsibility in the first place. sho look, i'm one of the few republicans that stands up and says i think we need to eliminate some of these tax loopholes, but i t
nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it...
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Jul 30, 2011
07/11
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>> yes, sir. >> so when you are trying to do the big hit, the big six, getting the big guys why is the testimony shows us only three times where there were any kind of inspections planned and i don't want to get into sources either but only three times we have been told that they try to do any detection and one of the gps tracking was a radioshack making -- why in the world was the quality and the quantity of agents and times, video cameras planted with internet connections etc., why is it there wasn't a tracking to track the weapons? >> we had trackers on vehicles. we have it trackers on -- it goes back to resources. we have agents that are out there working 16, 18 and 20 hour days. >> unfortunately you just made my case and time is expired. 18 hours of an agent's time is so much more money than one of these tracking devices if you are penny-wise and pound who wish by not having the device. with that we go to the gentlelady from the district of columbia for her five minutes. >> what would have would have been the next step? >> well maam, it depends on how long the firearms state in th
>> yes, sir. >> so when you are trying to do the big hit, the big six, getting the big guys why is the testimony shows us only three times where there were any kind of inspections planned and i don't want to get into sources either but only three times we have been told that they try to do any detection and one of the gps tracking was a radioshack making -- why in the world was the quality and the quantity of agents and times, video cameras planted with internet connections etc.,...
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Jul 21, 2011
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this is a very big issue. the amount of traffic increase going through this very delicate waterway is tricky systems where, again, most of the traffic we're talking about from pugot sound requires local pilots and a variety of things. these are important issues, so we're look to get your views on the record for that. >> i'll be pleased to provide that, thank you. >> thank you. mr. chairman? >> thank you. let me emphasize the last point with alaska and the border. if there's issues that you identify that may be gaps or you're unaware because the information isn't there, i think we need to know that because of the work. i know my state does. i know your state does with canada on a regular basis. they visit our offices fairly regular because of issues of trade and fish and many other things that i think it would be very important for us to know, and i think a part of our role should be to assist and make sure their standards equal -- obviously love to exceed, but at least equal to what we require at this moment.
this is a very big issue. the amount of traffic increase going through this very delicate waterway is tricky systems where, again, most of the traffic we're talking about from pugot sound requires local pilots and a variety of things. these are important issues, so we're look to get your views on the record for that. >> i'll be pleased to provide that, thank you. >> thank you. mr. chairman? >> thank you. let me emphasize the last point with alaska and the border. if there's...
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Jul 20, 2011
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anda raw deal in a big way. -- a raw deal in a big way. with that i reserve. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from ohio. mr. jordan: yield one minute to dr. fleming. the speaker pro tempore: the gentleman from louisiana. mr. fleming: thank you. mr. speaker, but for the president of the united states who serves today and a democrat-controlled congress over the last two years we wouldn't be here today debating this. $3.8 trillion added to our debt and continuing on that same glide path. mr. speaker, we're here today because people across america, businesses, cities, states, all have to balance their budgets. the only game in this country, the only entity that doesn't have to balance its budget is the federal government. and that's what's ruining our economy. so all we're asking for in this bill is simply to immediately cut $111 billion in fiscal 2012, begin capping our spending rates, bringing it down to what's traditional, 18%, and then finally passing a balanced budget amendment that will finally put the re
anda raw deal in a big way. -- a raw deal in a big way. with that i reserve. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from ohio. mr. jordan: yield one minute to dr. fleming. the speaker pro tempore: the gentleman from louisiana. mr. fleming: thank you. mr. speaker, but for the president of the united states who serves today and a democrat-controlled congress over the last two years we wouldn't be here today debating this. $3.8 trillion added to our...
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Jul 29, 2011
07/11
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no big deal? tell that to the family who would have to pay higher interest rates on their mortgage, their car loan, their student loan. it would be a very big deal to them. many of my friends on the other side of the aisle didn't just stand by as we created these massive deficits. they were active participants. they voted for two huge tax cuts, mostly for wealthy people, that weren't paid for. two wars that weren't paid for. a massive prescription drug program that wasn't paid for. and now their solution is to punish the very americans who can least afford it, all in the name of keeping their rich friends and their special interests happy. the boehner plan is unbalanced and unfair. it slashes programs like social security and medicare that benefit the middle class and the poor. but the republicans insist on protecting tax breaks for oil and gas companies, just today exxon mobil announced profits of $10.7 billion for the second quarter. do they really need special tax breaks? the american people su
no big deal? tell that to the family who would have to pay higher interest rates on their mortgage, their car loan, their student loan. it would be a very big deal to them. many of my friends on the other side of the aisle didn't just stand by as we created these massive deficits. they were active participants. they voted for two huge tax cuts, mostly for wealthy people, that weren't paid for. two wars that weren't paid for. a massive prescription drug program that wasn't paid for. and now...